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Sponsor portfolioWelfare / HealthEIN 04-1332530

FLORENCE BANK

85 MAIN STREET · FLORENCE, MA 01062
4135861300
Plans filed
1
Years active
2015–2025
Industry
NAICS 52
Latest filing
2025
Total premiums (latest)
$2.1M
No prior year
Persons covered
316
No prior year
Total participants
316
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$2.1M
FLORENCE BANK SECTION 125 PLAN
Fully insured316 covered·6 carriers
Primary: HARVARD PILGRIM HEALTH CARE HMO BB BLUE

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$1.8M74.6%
Life$157K6.5%
Long-term disability$157K6.5%
Other$157K6.5%
Dental$146K6.0%

Carrier overview

3 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
HARVARD PILGRIM HEALTH CARE
EIN 042452600
H
$1.8M85.7%14187
SUN LIFE ASSURANCE COMPANY OF CANADA
EIN 381082080
LLTDOth
$157K7.4%11206
DELTA DENTAL OF CALIFORNIA
EIN 046143185
D
$146K6.9%11316

Broker overview

1 broker · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
USI INSURANCE SERVICES LLCVIRGINIA BEACH, VAHARVARD PILGRIM HEALTH CARE HMO BB ORANGE, DELTA DENTAL, HARVARD PILGRIM HEALTH CARE HMO BB GREEN, HARVARD PILGRIM HEALTH CARE HMO BB BLUE, SUN LIFE ASSURANCE COMPANY OF CANADA$45K$21K$66K100.0%1

History & trajectory

11 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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